Banks, insurance companies and financial service providers use our software and expertise to monitor transactions. With rules that they define with our ACTICO Rules technology, they are able to automate the decision-making process for risk-exposed financial transactions.
With many years of experience and constant optimization, we offer our customers an intelligent, software-based solution for payment monitoring and analysis. The analysis determines which customer carried out a financial transaction, which countries were involved and what the customer's history showed. The detection of transaction patterns also plays a role – this feature does not just consider a single transaction, but identifies multiple, related payments.
Transactions are analyzed based on the risk classification from the Know Your Customer profile. In the simplest case, a transaction that exceeds a limit value is declared as unusual. Further analyses look at the countries involved or behavior compared to the peer group.
beginning of a new business relationship can mean high money
laundering risk. This is why institutions precisely monitor all physical
flows in a defined period after opening a business relationship. With ACTICO software, all activities related to anti-money laundering are traceable and audit-proof at all times.
Pass-through transactions or smurfing involve transactions that do not appear to be related at first glance. If inflows and outflows occur within a short period of time, this can be indicative of money laundering. Smurfing involves breaking down a high transaction volume into smaller denominations. This scenario may also be an attempt to launder money.